# ZKEX Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zkex-co

- Industry: Financial Services
- Headquarters: Tortola, British Virgin Islands
- Website: www.zkex.com/
- Total disclosed funding: $2.5M
- Latest round: Seed (Aug 19, 2024)
- Investors on record: 12

## About

Based in Tortola, British Virgin Islands, founded in 2022 by Balal Khan, ZKEX Co., Ltd. is a decentralized exchange (DEX) that offers a secure trading platform for cryptocurrency enthusiasts. In August 2024, ZKEX raised USD 2.5 million in seed funding co-led by Fenbushi Capital, KXVC, and RockTree Capital, NGC Ventures, L2 Iterative Ventures, Crypto.com Capital, IDG Blockchain, Whale Ground, MOONHILL CAPITAL, Blocklabs Capital Management, Hyperithm, and Optic Capital.

The company provides a platform that is designed to provide users with the same trading experience typically associated with centralized exchanges (CEXs) but without the inherent counterparty risks. This is achieved using zero-knowledge proofs, a cryptographic technology that ensures transaction security and privacy. ZKEX supports trading across multiple blockchain networks, enabling users to trade spot and perpetual contracts. The company’s platform also focuses on security, and decentralization ensures that users retain full control over their assets. In addition, ZKEX offers features such as spot trading, perpetual contracts, and a convert function, catering to a wide range of trading needs.

## Funding rounds

- Seed, Aug 19, 2024, $2.5M — Fenbushi Capital, NGC Ventures, Blocklabs Capital Management, RockTree Capital, Crypto.com Capital, Hyperithm, L2 Iterative Ventures, Kasikorn X, Optic Capital, MOONHILL CAPITAL, IDG Blockchain, Whale Ground

## Investors

- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Blocklabs Capital Management — Seed
- RockTree Capital — Seed
- Crypto.com Capital (https://capitalatlas.ai/funds/crypto-com-capital) — Seed
- Hyperithm — Seed
- L2 Iterative Ventures (https://capitalatlas.ai/funds/l2-iterative-ventures) — Seed
- Kasikorn X — Seed
- Optic Capital (https://capitalatlas.ai/funds/optic-capital) — Seed
- MOONHILL CAPITAL — Seed
- IDG Blockchain — Seed
- Whale Ground — Seed